Petrobras Unveils Its Business Plan Through 2025: Pre-Salt and Gas Are on the Company's Horizon

Petrobras Unveils Its Business Plan Through 2025: Pre-Salt and Gas Are on the Company’s Horizon

Written by Flavia Marinho

Published on 26/11/2020 at 08:36

Updated on 26/11/2020 at 11:00

A Petrobras prevê investimentos de US$ 46 bilhões em E&P envolvem cerca de US$ 32 bilhões, 70%, destinados para os ativos do pré-sal.

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Petrobras Plans Investments of US$ 46 Billion in E&P Involving Around US$ 32 Billion, 70%, Targeted for Pre-Salt Assets.

Petrobras informed in a relevant fact yesterday (11/25) that its Board of Directors approved the Strategic Plan for the five-year period 2021-2025 (PE 2021-25). Among the goals of the oil company is the investment of US$ 46 billion in oil exploration and production over the next five years, of which US$ 32 billion (or 70%) will be focused on the pre-salt layer.

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“The allocation is in line with our strategic positioning, focusing on world-class deep and ultra-deep water assets, which we naturally own, considering the quality of our human capital, technological knowledge stock, and ability to innovate,” stated Petrobras in a press release.

Petrobras Investments

In the second half of this year, Petrobras announced plans to sell more assets and reduce investments in oil exploration and production, citing the crisis caused by the coronavirus pandemic.

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Petrobras Unveils Its Business Plan Through 2025: Pre-Salt and Gas Are on the Company’s Horizon

Petrobras Plans Investments of US$ 46 Billion in E&P Involving Around US$ 32 Billion, 70%, Targeted for Pre-Salt Assets.

Read Also

Petrobras Investments

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Petrobras Unveils Its Business Plan Through 2025: Pre-Salt and Gas Are on the Company’s Horizon

Petrobras Plans Investments of US$ 46 Billion in E&P Involving Around US$ 32 Billion, 70%, Targeted for Pre-Salt Assets.

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